Ron Johnson, 54, Apple's former SVP of Retail and the guy largely attributed with turning the beleaguered computer maker into America's greatest retailer at the turn of the century, nearly two years ago left Cupertino to take the job as president of the mid-range department store chain J.C. Penney.
He was supposed to apply some of Apple's secret magic sauce to JC Penney's outdated retail stores. But alas, the company instead has continued to struggle under his leadership and has experienced its worst sales year in more than two decades. Johnson’s Apple experience obviously didn’t translate well to Penney’s customer base of bargain hunters. Hopefully, Tim Cook still has Johnson on speed dial...